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re: I know what I want to do, but I'm not sure how to go about investing my money

Posted on 12/8/12 at 8:27 am to
Posted by PhillyTide
The One Who Knocks
Member since Oct 2011
228 posts
Posted on 12/8/12 at 8:27 am to
quote:

What I want to do is put 5% in a stable, but liquid fund that I can use as my emergency fund.


Emergency cash should be in a savings account.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124184 posts
Posted on 12/8/12 at 5:38 pm to
quote:

quote:

What I want to do is put 5% in a stable, but liquid fund that I can use as my emergency fund.
Emergency cash should be in a savings account.
Several ways to skin that cat. I've never used a savings account. If investments are maintained in an account with check writing privileges, uninvested cash in that portfolio would suffice.
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